-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...
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Tractor sales: Mirroring the rural distress -Harish Damodaran
-The Indian Express While tractor sales trebled during FY04-14, the last year saw a reversal in the trend with the agri industry facing multiple issues. If there is one indicator capturing the changes that took place in rural India over the past decade, along with the emerging signs of distress in the last year, it is the sales of tractors. Between 2003-04 and 2013-14, domestic tractor sales more than trebled from under...
More »The farmer’s ‘mann ki baat’ -Vidya Venkat
-The Hindu Amidst the din over the land acquisition bill in Parliament, the farmer’s voice was missing. Everybody has an opinion on farmers these days. Be it politicians, policymakers, editors or economists. In fact, ever since the Parliament reconvened for the Budget session on April 20, the deteriorating condition of farmers has clearly dominated discussions. But even as the issue of agrarian crisis, farmer suicides (especially after Gajendra Singh’s suicide in a...
More »Asia braces for El Nino impact -Naveen Thukral
-Livemint.com A strong El Nino will roil economies that are heavily dependent on agriculture, particularly India Singapore: In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and Damaged crops across Asia. Food prices surged. A closely watched forecast by Japan on Tuesday confirmed its return this year. A strong El Nino will roil economies that are heavily dependent on agriculture, particularly...
More »Only 'bure din' for us, say farmers -Omar Rashid
-The Hindu Govt. accused of backtracking on promise of loan waiver Mumbai: Farmers in Maharashtra are using the phrase bure din (bad days) to describe their condition. Akshay Tale last spoke to his close friend Neelesh Walke at around 2.45 p.m. on December 30 last year. Neelesh, who faced a Rs. 2 lakh debt, seemed anxious but showed no signs that he was considering any extreme step. At around 4 p.m., Neelesh, barely 23,...
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